USGIF GotGeoint BlogUSGIF promotes geospatial intelligence tradecraft and a stronger community of interest between government, industry, academia, professional organizations and individuals focused on the development and application of geospatial intelligence to address national security objectives.

June 25, 2014

Geospatial contributed €69.3-million directly to the Irish economy in 2012

A report commissioned by Ordnance Survey Ireland (OSi) and carried out by Indecon International Economic Consultants estimates that the geospatial information industry directly contributed €69.3-million (Gross Added Value) to the Irish economy in 2012.

According to the report, the industry generated sales valued at €117.5 million in 2012, and spent a total of € 84.4 million on salaries of 1,677 full-time equivalent persons who were directly employed by the industry. The industry supports the employment of 3087 people.

The geospatial sector had an economy-wide impact of € 126.4 million. Furthemore, the estimated economic value of annual time savings through the use of geospatial information is € 279 million.

The report also found the use of geospatial information saved the public sector €82 million per year in administrative costs in both local and national government.